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CETV on Statement of Means form - D81

  • Divorcee1066
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04 Nov 14 #448347 by Divorcee1066
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Hi there,

My ex is the Applicant for a Clean Break Consent Order. I am having to fill out the above form and write down all my capital and Pension valuation.

I have my former occupational pension quote but I don''t understand it all. On the D81 form it asks for the ''Pensions valuation including the Additional State Pension (cash equivalent). On my quote is shows a fairly high amount by CETV.

Do I really have to write this whole amount in this space on the form, as I can''t see that as my capital?!? The deferred pension details are a lot lower.

Also, what is the PPF compensation value? Is that my protected rights amount? (the same amount as my CETV) or is this nothing to do with me, as I have never received compensation as far as I am aware?

I do not work at present and really do not want to write the full CETV towards my capital :ohmy:

Thank you.

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04 Nov 14 #448367 by dukey
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This is just data collection, nothing more, really it''s just so the judge knows what''s in the pot to be divided, without knowing the judge can''t decide if the agreement falls within the discretion of law.

You must disclose the CETV, you have no option, it''s a very bad idea to be less than honest, it could render the agreement invalid for starters.

The PPF rarely is relavent unless the pension you have had a big black hole meaning it went into the PPF, in others words unless it was bust just put N/A.

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04 Nov 14 #448370 by Divorcee1066
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Thank you for the reply and information.

I am, of course, going to be honest... I just need to understand that this full amount is needed to be written here. As I don''t understand how I can ever count this as my capital as I won''t actually get this money?? The deferred pension is just under 10% of that.

Thanks a lot.

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04 Nov 14 #448371 by dukey
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Judges and lawyers know all about the cash equivalent, it''s rarely considered to be of equal value as a liquid asset, some would never compare it to be of the same worth as cash money.

I know this is strange but it''s just the way it''s done, in fact the CE was never meant to be used to value a pension in divorce, it was just adopted as the best option.

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04 Nov 14 #448372 by Divorcee1066
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It is bizarre, as I have to add this and my savings together which creates the capital. It just seems ludicrous. However, as long as this is not judged, as my current incomings are so low.

I read that there are notes for the d81 form but I can''t find them anywhere. I was needing to also know what is also classed in ''b. Other capital eg savings, investments, ISAS etc''normal current account? car?

Thanks again.:)

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04 Nov 14 #448373 by dukey
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Yup 7f causes a fair bit of confusion, but you have to get your head round this is data collection, judges are not morons, they can see what element of capital is CE.

7b is other capital, not a car, think cash, shares cash Isa''s ect.

If this really bugs you have a solicitor complete it, though I think it''s a waste of money, if you sleep better having a solicitor do it then so be it.

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04 Nov 14 #448374 by Divorcee1066
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thank you! I do have a solicitor (he filled out first page and number 10 (giving an address I really don''t want revealed due to circumstances).

Solicitor also said to sign it, but I haven''t seen my ex''s Statement of information (which it states).

I want to only use my solicitor when I have to as each correspondence costs.

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